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Search Results 0 to 49 of about 161 (some duplicates have been removed)
, pro golfer, says that high taxes may drive him out of california. we've got discussisuggestions w should consider if he moves. and hillary clinton, her legacy as she prepares to leave washington at least for now. now. >> we will respond to the threat of climate change, knowing the failure to do so would betray our children and future generations. >> paul: welcome to the journal editorial report, i'm paul gigot. that was president obama in his inaugural address monday, promising to make global warming a top priority in a second term, it's an issue that is sure to bring some fierce policy showdowns, the first of which may come under the keystone xl pipeline since 2008. and a revised route through nebraska this week, the final hurdle to the project at the state level and 53 senators, including 9 democrats sent a letter to the white house on wednesday urging president obama to expedite its approval. and joining the panel this week, wall street journal assistant page editor, james freeman and senior economics writer steve moore and washington columnist kim strassel. kim, where did tha
-- why small businesses are protesting against tax collectors. and luxembourg -- why illegal immigrants there want to get registered. children are typically raised by tibia will parents, but does it matter if they are a mother and father, or can two fathers or two mothers do just as well -- children are tically raid by two parents. single-sex families are a controversial issue in europe. the number of so-called rainbow families are on the rise, but their legal status varies from country to country. in germany, gay and lesbian couples cannot jointly adopt a child or a baby. they can only adopt as individuals. in france, when the government announced its intention to give homosexual couples equal adoption rights, large crowds took to the streetsn protest. >> for these two little boys, having two mothers is nothing unusual. their parents are a lesbian couple. beatrice, seen here, adopted the boys as a single woman. her partner had no legal say in it, and by french law, singles may adopt, but same-sex couples may not. an initiative is under way to change that. for these two women, that woul
in his second term. why that may end up costing you big. plus, pro-golfer phil mickelson says high taxes may drive him out of california. we've got some suggestions on what states he should consider if he moves. and hillary clinton's swan song. look at her performance this week on capitol hill and her legacy as she prepares to leave washington, at least for now. >> we will respond to the threat of climate change. knowing that the failure to do would betray our children and future generations. [cheers and applause] >> welcome to the journal. editorial report. i'm paul gigo. that was president obamahi prom messing promising to make global warming. first may come over the keystone excel oil pipeline which has been under review since 2008. governor proposed a revised route for the pipeline through nebraska this week. the final hurdle to the project at the state level. and 53 senators, including nine democrats sent a letter to the white house on wednesday s urging president obama to expedite its approval. joining the panel this week "wall street journal" assistantan editorial page editor jam
and the no new taxes pledge and the black caucus, threats against anyone who cuts any hint of services and entitlements. scared of the aarp, ending anything having to do with retirement or medicare. >> and in the end of the day we'll be in default and like the story, f. scott fitzgerald-- or hemingway, went broke during the crash and he asked how it happened and he said gradually and then all at once, that's what will happen to us. >> one thing at that doesn't stop, the meter, the debt meter, mountain of debt. >> on and on. the average family in this country $52,000 your share of the federal debt and let me tell you, even if the left and right agree where to cut and give you an example here, there is an example, the christopher columbus foundation, $450,000 line item in the budget and congress tried to kill it it seven times, seven times this program continues to this date. and the president tried to kill this program. it still goes on, and these guys can't save money for love or money. >> and charlie, were you standing up for the christopher columbus thing? or were you the one in the
. the consumer is in a worse spot primarily because of tax hikes. supply side economics, right. so apple is a consumer company for the most part and i think that any consumer company will struggle. >> that's an important point. let's follow that point. is part of this apple drop weakness in consumer spending or expected weakness, or is it, in fact, the competition from samsung and the fact that the company is not executing. in other words is it a company story, an economics story, what is it? >> there's a lot of company specific stuff going on just comparables this quarter versus a year ago. that's part of it. it's a maturing company to a degree. it's going through its growth phase. now getting into the phase which hopefully will last a long time you focus on return on invested capital. that could be fine. the market has to adjust to that perception. i think the consumer point is a good one. is the consumer going retrench with higher taxes and we see the jobless claims out the last few weeks -- >> coming down. >> they are looking great. >> is it seasonal or real. we won't know that for a
majority leader eric cantor is there and says the to leaders tax eswill not sigo up. you're watching cnbc, first in business worldwide. >>> we have had a busy, a barrage of earnings. we've had microsoft and at&t and starbucks, all posting their latest quarterly results minutes ago right here on the show. let's get a roundup now that we've had time to digest and read through all the earnings action. rights, bertha? give it to us. >> reporter: not full digestion but a tummy still full looking at the numbers. fiscal second quarter for microsoft beats by a penny. street looking for 75 cents. refnous more or less in line. actually had missed on both the top and bottom line last quarter. take a look at the reaction of the stock. we've got microsoft here. there we go. it's still down, however. sold 60 million windows 8 loy senses. no details on the surface sales. that's something else people may ask on the license call. at&t, strong on the bottom line, and actually missed on both the earnings for the same quarter last year. they said they saw smartphone fans, activated 18.6 iphones and 26% were
this is still a fight between how much spending cuts and how much taxes. the president got his -- >> well, simpson-bowles said let's get rid of the high tax rates. the president doesn't seem to be in favor of that mpt you had $1 trillion in tax increases with obama care. he just got new tax increases at the beginning of this month. and now they are calling for even more tax increases, and they are not calling to cut spending. they are calling for spending increases. so basically what they're saying is, they want americans to pay more so washington can spend more. that's not going to help the economy, and that is not going to close the gap and balance the budget. the reason we want to balance the budget is not to make the numbers add up. we think that's necessary for growth and opportunity. we think it's necessary to make sure that our kids don't get this debt that they won't be able to handle if we keep going down the path we are on. >> but there are certainly those in the white house who would take issue with what you said or might even say to use your own criticism that's a straw man ar
, requiring congress to not spend more than it makes, than it takes in in taxes. if you call taxation making money, but it can't spend more than it takes in. any traction on that? >> yeah. this is an idea, an old idea, whose time has timely come, and, you know, as polls show about 75% of all americans support this idea, most of the state legislatures operate the same way, and we need to do this because we need permanent structural spending reform so that we don't find ourselves back in the same position every six to 18 months in raising the debt limit. >> limit spending to 18% of the gross national product, 18%. right now, it's a rate of 23%. we're looking at some of the other things that you would do. you want a historical average of total federal receipts so congress is only run a deficit, increase taxes, or increase debt if agreed upon by a two-thirds vote. i like how it sounds, but it doesn't sound like you can get other politicians to agree to it? >> rome was not build in a day. it's in the a sell yet, but we have support in the senate for the idea of a balanced budget amendment. the la
for many, many years both of the tax consistent with spending. and nobody ever put the debt ceiling or the u.s. willingness to pay its obligations on the table in the way it was placed in the summer of 2011, and the way here it is now being placed on the table again. it's a big mistake and 2011 to create this degree of uncertainty and fear in the u.s. and around the world and the big mistake to do it again today. >> why would any good thinking patriotic american want to use the debt ceiling as a vehicle to reduce spending rather than the other legislative opportunities it would have? what would the reason be? certain not to embarrass the united states of america. >> i have no idea, mr. rangel, but i can tell you that -- >> well, if you don't have any, then maybe it is the objectives of this president at whatever cost, some leaders our so-called leaders have said, that they want to stop this president and the were unsuccessful in that measure. so maybe, maybe they decided to change tactics and maybe this discussion is a necessary and we find some of the way to a handle on the deficit
. melissa: if you thought washington satisfied its search to tax breaks it -- rich, think again. senate democrats reportedly want even more knew taxes. lori: breaking details out of algeria after the bloody for a hostage situation at the gas plant. hopes fading for survivors. the grim toll and the unanswered questions that. president obama making his career just a couple of moments ago that he is ready to do battle on the economy and that, but not at the expense of social security, medicare, and medicaid >> we, the people, still believe that every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. lori: the president giving his second inaugural address this morning. rich edson now joining us from washington d.c., and that was certainly a politically partisan address we heard from the president. >> reporter: well, it was a d
. >>> japan's ruling coalition parties have been talking about tax as the basis for the new budget. they have agreed to introduce a new tax break for supporting the poor when the consumption tax doubles in 2015. the agreement is part of a tax reform plan for fiscal 2013, which the liberal democratic party and the new kuomot approved on thursday. under the plan lower rates take effect in october 2015 when the consumption tax is set to double to 10%. the two parties have also decided on an income tax hike. under their plan people with annual incomes of more than $450,000 will get a tax rate of 45%. that's up from the current 40%. the new rate set to go into effect in january 2015. >>> all right. that's going to do it for biz tonight. i'm going to hand it back to gene. >>> ron, thank you for that. a japanese citizen considered missing after last week's hostage siege at a natural gas plant in algeria is now confirmed dead. this brings the number of japanese victims to ten. islamist militants attacked the desert facility and kidnapped hundreds of workers. chief cabinet secretary yoshihide suga jus
. when i came into office the governor and general assembly without my support passed a large income tax increase here in the january of twe ven. the sad thing we're now two years into the income tax increase and they raised money and not respond to the problem. i think this year, this spring session of the general assembly it will finally come home to reality. not only downgrades, moody's, fitch and standard have eight watches, warnings or downgrades since the income tax increase has gone into effect. what comes next the fiscal year fourth four, natural revenue growth from illinois coming from sales tax, gaming without tax increases is $600 million. but the reality of the amount of increased payments into the public pension systems is $945 million. i think they will have to deal with this $345 million spread. reality is --. melissa: dan, i applaud your optimism you think this will finally be the come to jesus moment where they realize there is huge problem but i don't know that is necessarily the case because we see california going down the same road. seems like politicians almost neve
to raise tax rates. a lot of the democrats i talked to and even the white house said they are willing to do tax reform where there could be additional revenue. are you opposed to any additional revenue that could come from tax reform? >> we offered that back in the fiscal cliff negotiations. the president got his additional revenues. that's behind us. those higher revenues occurred, and now we need to focus on getting spending down. >> here is the leverage question. senator schumer said we didn't just get our revenues. we got some. there has to be more that are part of it. the president will say that. so as you are -- >> are we for more revenue? no, we are not. >> even if it's from tax reform? >> if you keep raising revenues, you're not going to get different tax reform. i know you didn't want a chart, but i'm kind of a chart guy. this dream line shows you the historic taxes. the red line is tax increases. the red line, where spending is going. spending is the problem. revenues aren't the problem. if you keep chasing higher spending with higher revenues as they're calling for, you're going
, but those in europe may soon have to consider something else, a new tax. ai uchida is here to tell us all about it. so ai, what's the purpose? >> like all taxes, catherine, it is a form of revenue, but it's also aimed at preventing some of the big banking blunders we have seen recently. leaders in 11 of the 17 eurozone nations have approved the new tax on financial transactions. the aim is to tighten the regulation of financial institutions and curb speculative trading on stocks and other securities. >> today's agreement to allow 11 member states to move ahead with harmonized financial transaction tax is a major milestone. >> the leaders of germany, france, and spain joined the agreement. commission officials say this will be the world's first financial levy at a regional level. the next step is to submit a bill specifying what transactions will be taxed at what rates. the new tax could take effect as early as next year. but leaders in britain and the netherlands oppose the levy. their countries are home to many financial institutions. >>> separately, the leaders of france and germany hav
interest rates rise, our taxes are going to have to be higher to pay that debt. now, not all of that debt is held in the united states so it's not a question of just having to pay taxes in order to pay the american holders of that debt. about half the debt is now held outside the united states. chinese, middle east, others. we're going to have to raise taxes in the u.s., produce goods and services in the u.s., and ship them to the chinese, to the middle east, and others. the bigger the debt is, the more of that we're going to have to do, so it's a serious problem, and it also means that things could get out of -- really out of whack as they have in europe if suddenly foreigners or others just don't want to go on holding that debt. melissa: do you think that happens? there's a lot of people that say, you know, they don't want to stop buying our debt because we're the best game in town no matter how bad it gets, but that would be the tipping point when they come in and don't buy our debt. people say that would never happen. you honestly believe that would happen? >> it certainly could. it's
. instead, interest payments are a significant tax on all americans, a debt tax, that washington doesn't want to talk about. increasing america's debt weakens domestically and internationally. leadership means that the buck stops here. instead, washington is shifting the burden on bad choices today onto the backs of our children and grandchildren. america has a debt problem. and a failure of leadership. americans deserve better. all of those words were taken from then senator obama's statement before he voted against raising the debt ceiling in 2006. truer words cannot have been spoken today. the debt burden the president was concerned about a few years ago is still a very real threat today. congress should pass a responsible budget so we have a road map to get to our serious debt burden. no budget, no pay. >> i'm not sure i need this stool, but i'm a freshman. i'm new. i was sworn in just three weeks ago today and as a new member of the 113th congress, i know how they do things in washington, d.c.,. i know how they do things in missouri's 2nd congressional district. i'm a mother of th
. when this payroll tax expires, people are up in arms about it. there will not be, until we all feel pain from higher interest rates and inflation, not a single thing will be done about it. >> i hope that is not true. i hope people can really forecast and see what is happening in the future. if they do not, they'll have to wait until the car hits the wall to feel that pain. i do not think that is the case, dagen. to be very honest with you, these two parties can really get together and look at some of the entitlement programs and really make a difference. i hope it is not like what you are describing. i just hope that is not the case. dagen: maybe one area of agreement is tax reform. we heard congressman paul ryan talking about it. the president did mention it in his inaugural address earlier in the week. do you think that is doable and what she could've possibly take? >> tax reform has a different meaning to almost everyone who discusses it. bipartisan -- he meant higher tax rates on the rich. he meant a broader tax rate. he met tax increases rather than tax reform. it really was ch
and further away made their living standards are slashed and force us to repeat or taxes used to build governments on the other side of the continent. we're for starting duties at some demonstrations of athens, madrid and rome. restarting casein in berlin, helsinki and the hague and of course were saying this frustration with the e.u. vary dramatically here in the united kingdom. europe's leaders have a duty to hear these concerns. indeed we have a duty to act on them and not just to fix the problems in the euro zone, but if in any emergency should plan for the amount as well as dealing with the present crisis center in the midst of present challenges we should plan for the future and what the world will look like when difficulties in the euro zone have been overcome. the biggest danger to the european union comes not from those who advocate change, but those who denounce new thinking is heresy. in its long history, europe has experienced heretics that turned out to have point. my point is this. for the same will not secure long-term future for the euro zone. more of the sample not fit
it, those on the left said we need to raise taxes. they got partially what they wanted when the tax went up on individuals. they got part of what they wanted. the other part is really, truly spending reduction. i know the present not -- the president does not agree. but we do. when those agencies talked about our underpining as it relates to our overall health of our economy, he talked about congress's in the bill -- inability to do two things. raise revenue. the other was to get our spending under control. while this does not do it and i agree this body, and it is not just in recent history, but over the years, this body has kicked the can down the road. we are adding trillions of dollars of debt as we move lower. while this is a small movement, and it does not sound like much to get some to actually do it, and i know they are supposed to do a budget by law, but it was in the lot and there was no slap if you did not get it done. you are on will people and you do what the law requires. this is just saying to them, do your job. do your job. i do not know what the constitutional impli
list on gun owners. to either tax them or take them. that's the only reason. and anyone who says that's excessive, president obama says you're an absolutist. >> it's back to business in washington today. republicans in the house are expected to vote on a plan that would diffuse the debt ceiling crisis. the federal government could keep borrowing money for three months, in exchange house develop members want the senate to pass a budget, something that body has not done since 2009, exactly 1,365 days ago. this time instead of demanding spending cuts, republicans added a provision to the bill that would suspend lawmakers own paychecks if a budget is failed to be passed by april 15th. >> most americans believe if you don't do your job you don't get paid. that's the basis for no budget no pay. it's time for the senate to act. i think the american people understand that you can't continue to spend money that you don't have it's time for us to come to a plan that will, in fact, balance the budget over the next ten years. it's our commitment to the american people. we hope the senate will do
netanyahu reelected. what's interesting a contentious talks on financial transactions. -- instituting a tax on financial transactions. >> we start with a celebration of a key strategic alliance between europe's two great economies, france and germany. they have been friends for 50 years. >> after centuries of conflict, they culminated in two world wars. speaking at a news conference in berlin, german chancellor angela merkel and french president francois hollande talking about that. >> they promised to unveil proposals in the coming months and it is a big step forward dr. became to power pledging to reverse the plans that merkel had championed. >> it is the first time these bundestag has had a full parliament from another country here. the french president, hollande, recalled the original spirit leading to the historic relationship. >> young people are not only our future but also the reason for the policies that we are pursuing. >> young people in both of our countries have the uncomfortable good fortune that they have never had to experience in it. but peace and democracy. >> he also addr
mickelson, why is he paying 62%, 63% tax? >> i like the nike add. >> all that, plus the opening bell in just a moment. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> you're watching cnbc "squawk on the street" live from the financial capital of the world. the opening bell is going to ring in a little less than 90 seconds. a busy week. everything from apple to microsoft to bristol-myers reporting earnings. we talked about some of the highlights. also, davos happening. you never know what could come from the other side of the planet. >> a lot of hitters there. periodically getting a new story. we have maria over there, and steve liesman, i mean, it's really -- we're bringing out the big guns. we've got
tax filing day, but the date by which congress has promised to adopt a budget resolution. they've even this time staked their pay on it, agreeing to reach a deal or face suspension of their paychecks until they reach a deal. that might just be enough of a carrot to present a budget that takes on our ballooning deficit. but the battle over that deficit make that recent battle over tax hikes for the rich seem like a friendly game of badminton. big spending cuts are needed and they will hit americans where it hurts. health care, medicare, social security. president obama emboldened by his re-election has already drawn his so-called line in the sand. now, republicans have to be the proverbial. come to the proverbial table. perhaps the most powerful republican in washington eric cantor from virginia says he and his fellow republican congressman will have a plan and they are ready to deal. >> i think it's important that we be here as members of the u.s. congress, the six of us who are here really interested in the discussion about the global economy. obviously, the u.s. economy is still a gl
of people paying slightly higher taxes. one of the things going on with uncertainty coming up on may 18th and how we deal with the debt ceiling. the potential for the federal government to shut down. i think many people underestimate the significance of the federal government as a part of, you know, what drives the u.s. economy. melissa: so what could they be doing you think to make things better? what could turn things around from a trucking perspective? >> i think in recent history, anytime our leaders here in washington make, you know, get a decision made, even if it is not what everybody likes or agrees with, the more certainty there is in the business community, the more likely we are to see investment and people making plans about moving forward. i mean i think it is too early to tell how consumer sentiment and consumer behavior is going to be impacted by the, by the tax increases. i mean everybody saw the 2% hit on the payroll tax expiration, what, a little less than 1% on the health care costs. so, we just don't know yet. that impacts us directly because we move a the of retail go
, but then eventually you implemented some 100 different taxes. how did that not slow down the growth you had finally gotten? >> when you are taking a nation through a profound crisis, and although we are now a cold, we should not forget it has created enormous hardships in iceland for the families who lost many of them their houses, some of them their entire savings. so if you're going to bring a nation through a profound crisis like this on the road to recovery, you have to enable them in the system come you have to empower them, you have to make them realize that everybody is paying the consequences. into the system in this way. liz: does it surprise you 48% of americans don't pay at least important chunk of the taxes? >> yes, to some extent it does. we have to realize if our democracy is going to have a prolonged crisis like this, you have to instigate the political process in such a way that people are willing to bear the burden and pay the sacrifices. so what we did was not only to go against the traditional view of the fiscal policies, the tax policies of the welfare state, we introduced curre
beverages. liz: boy, we have a president who was reelected, we've got all kinds of tax changes, the payroll tax cut has been eliminated. we got through one part of the fiscal cliff, now we're looking at the debt ceiling. which one of those, to you as a business leader, matters the most, affects business the most? >> i think, um, what matters the most is providing clarity. clarity to business, clarity to the country at large. and that's what people want. every time there's a survey, you see that they want clarity. and that's why i think it is so important to have a solution. liz: well, now you know you have clarity on the fact that people have the payroll tax back into their paychecks. >> sure. liz: are you seeing any effect on that where people have less money in their pockets, and maybe they're not buying coca-cola as much? >> well, i think generally speaking we still see great opportunities in the united states for our business in the coming decade and continuing on from there. we haven't seen an impact yet. it's too early to tell. liz: okay. >> but i would say this, um, i would say if we
and real estate taxes are combined in one monthly figure. and what the number? including made service twice a day. and all of the other amenities which come with this, which include a spa. >> maybe up into the 50s. >> a little under $60,000 a month. >> that actually very reasonable. >> yeah, very reasonable. with maintenance fees, that around $720,000 a year. include care takers, your insurance, cleaning staff and more. and it probably cost around $1 million a year, just to keep the lights on in this apartment, in the historic sherry ledgerland building. maintenance fees are popping up all over high end in new york city. if you bought a 1200 square foot condo, that will cost you around $2,000 a month in maintenance fees. on top of mortgage and utility. what do you get for that $60 grand at sherry netherland. made service, restaurant downstairs, should be all you can eat for that amount. el rater operators. and three private elevators. to see more of the $95 million mega mansion and go one on one with dolly lands, and secret lives of the super rich meg why home. it is a great show. >> i know
on c-span2. >> could my honorable friend tell the house the impact on lowering corporation tax remain as of the eurozone and what effect that is having on investment in northern ireland? >> mr. speaker, there is ongoing negotiations for for the possible reductions of corporation tax in northern ireland but one of the biggest things is the northern ireland assembly can do it and the uk ministers can do is to bring people to northern ireland to see the great success story that has taken place there. only last week the seven leading japanese businesses in the uk came to northern ireland and were enormously impressed at the movement and progress we've made in northern ireland. >> border. question for the prime minister. >> question number one, mr. speaker. >> thank you, mr. speaker. mr. speaker, mr. speaker, before answering the honorable gentleman's question onto the whole house will wish to join in paying tribute to kingsman david robert shaw, first battalion duke of lancaster's regiment. he died in the queen elizabeth hospital birmingham last wednesday as result of wounds he sustained
an outdated and anticompetitive tax code, and to streamline government bureaucracies that are literally suffering job creation. they have done their jobs while senate democrats have tried to keep their priorities secret. now, we know senate democrats don't like the house budgets, and we know they don't even support the president's budgets, at least not with their votes. what we haven't known for nearly four years is what they're for, because they have refused to put their plans for the country down on paper and actually vote for them. now it's my hope that the democratic sudden interest in passing a budget isn't just another attempt to actually raise taxes. as i've said repeatedly, we're done with the revenue issue. the president has already said that the so-called rich are now paying their -- quote -- "fair share" -- end quote, and of course middle-class families are already on the hook for new taxes as a result of obamacare. so the question is who would be in the firing line this time? and at what cost? look, struggling families shouldn't have to pick up the tab again for washington'
, property rights. we need greater transparency about land ownership, companies, and tax. these are all argument that britain will be pushing in the year ahead. >> and the prime minister confirm that his government are the first for 30 years not to offer hardpressed consumers a government funded energy efficiency scheme, following the closure of warm front last week? >> note. the ego-scheme which is many times the size of the warm front scheme, it has helped 80,000 families a year, but ego could help out of 230,000 families a year, so it is bigger and potentially better. >> what assessment has the prime minister made of unemployment in my constituency, particularly the fact that more women are in more than ever before? >> the point he makes is absolutely right. there are more people employed in the private sector than ever before. there are also more women employed in our country than ever before. and we look at the unemployment figures that came out today, but we see that what is remarkable is that employment is up in almost every region and unemployment is down and almost every region
Search Results 0 to 49 of about 161 (some duplicates have been removed)